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investorwisdom

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investorwisdom

Re: tonycajjo post# 2335

Thursday, 03/04/2010 8:51:47 AM

Thursday, March 04, 2010 8:51:47 AM

Post# of 129054
sure i can explain it, when Richard Cowan the CFO was putting together a team of top experts, they decided that it's cheaper to buy a shell corporation, that is a company with no operations, so they bought GFON a former oil and gas company shell. CBIS has nothing to do with the oil company they never did, all they did was buy the operating structure, and change the name.
This saved them close to 100,000 dollars, and a tremendous amount of time getting operational and listed on the stock exchange. Makes perfect sense to me. CBIS never engaged in oil or gas operations, they just bought the defunct company and changed the name get it??

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